BUSINESS LAW (İŞLETME HUKUKU) - (İNGİLİZCE) Dersi Mediation and International Commercial Arbitration soru detayı:

PAYLAŞ:

SORU:

Why do we need arbitration?


CEVAP:

In an international commercial relationship, usually the parties are from different countries and different legal cultures, speaking different native languages. Contracting parties from one country are generally unwilling to submit to the national courts of the other party. There is often a distrust of foreign courts, and moreover a hesitation for their suitability for certain types of international contractual relationships. Therefore, arbitration, as an alternative dispute resolution method, flourished and bloomed for the resolution of international commercial disputes.